It is always easier said than done! It is so easy to point a figure of blame on someone, especially the wealthy landlord. I am a consultant for apartment owners and managers; I understand the cost of doing business; when in one year fuel costs doubles, energy cost surges, commodities cost increased, construction material cost increased; etc, etc, etc. But what about rents?

Next we accuse landlord of failing to uphold “Warranty for Habitability” do we hold tenants liable to the same degree to make sure they don’t abuse the property?

Now let’s talk about lawyers! It is part of our “imperfect” but working legal system whereby lawsuits can be brought up to resolve civil disputes. But what do you call a lawyer that preys on landlords and ambushes investors to fill up own pocket?

It is all too easy to point figure of blame, but let’s understand that landlords and apartment owners are investors, business people, if things do not add up, they won’t invest, if we don’t have investment market won’t exist, when markets disappear economy crash. In order for any business to make sense is that income generated must pay all expenses plus generate cash flow positive income, if it does not happen the management must redesign its approach and turn things around otherwise businesses won’t stay in business.

In conclusion we can blame a wealthy landlord and call it “slumlord” but in capitalism you cannot defy market, you cannot deny profit, and you certainly cannot hate someone for being successful.

Sam S.